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Silver futures are currently trading in a critical VC PMI decision zone following a rejection from the Daily Sell 1 area near $77.68 and failure to sustain momentum toward Daily Sell 2 at $79.96. The market has rotated back below the Daily Mean at $75.51 and is now testing the Daily Buy 1 level at $73.23, signaling a transition from bullish expansion back into a mean reversion phase.

According to VC PMI probabilities, a test of Buy 1 carries a 90% likelihood of reverting back toward the mean. However, failure to hold $73.23 opens the door for a deeper correction into Daily Buy 2 at $71.06, where extreme conditions (95% probability) typically attract institutional demand. The confluence with the Weekly Mean near $72.30 reinforces this zone as a major pivot support.
From a cycle perspective, the market is entering a key inflection window between April 8–10, where directional resolution is expected. If price stabilizes above Buy 1 during this cycle, a reversion rally targeting $75.53 and potentially a retest of $77.68 becomes the high-probability path. Conversely, a breakdown into Buy 2 during this window would mark a final capitulation phase before a larger upside move.
Square of 9 geometry aligns with this structure, indicating that the $72–$73 zone represents a harmonic support level, while upside targets of $77, $80, and $82 align with rotational resistance levels. A sustained move above $80.87 (Weekly Sell 2) would signal a fractal shift, transitioning the market into a higher trading range and confirming long-term bullish continuation.
Volume patterns suggest accumulation on declines, indicating that weak longs are being flushed while stronger hands position for the next expansion phase. This supports the thesis that current weakness is corrective, not structural.
Strategy: Buyers should begin scaling near Buy 1 and Buy 2 using disciplined risk management. Traders should avoid chasing strength and instead focus on confirmation of reversal signals within the cycle window. A recovery back above the mean confirms renewed bullish momentum.
Disclosure: This report is for educational purposes only and not to be construed as financial advice. Futures and options trading involve substantial risk. The VC PMI, Square of 9, and cycle analysis are mathematical models designed to identify high-probability setups, not guaranteed outcomes. Always use proper risk management.
